Finance Score: -2
Governance Score: 0
Support Score: 0
  • Deficit latest year: -2
    • No supporters identified
    Overall GiG Score: -2 ?

    ANGUISH'S EDUCATIONAL FOUNDATION 

    The Charity makes grants to individuals who are aged 24 and below who reside in the City of Norwich, the contiguous parishes and Corpusty and who are in financial need. These grants are principally for school clothing, school trips, higher and tertiary educational maintenance. Grants are also made to other registered charities and educational bodies for educational purposes.
    Analysis by Giving is Great

    Positives:

    • This charity has an endowment fund which generates most of its income

    Financial issues to consider:

    • Income was lower than spending in the latest year

    Financial Data ?

    Income & Spending ?
    Sources of Income ?
    Y/E Income
    £k
    Spending
    £k
    Surplus/
    Deficit
    Fundraising
    Cost £k
    Total
    Funds £k
    Unrestricted
    Funds £k
    Mths
    Rsrvs
    Staff Volun-
    teers
    31/03/23£999£1,228£-229£0£26,613£1,0059.800
    31/03/22£1,002£1,088£-85£196£27,340£1,12812.400
    31/03/21£945£1,437£-492£313£25,943£1,0578.800
    31/03/20£950£1,615£-665£0£24,021£1,1908.800
    31/03/19£971£1,132£-161£97£25,112£97510.300
    31/03/18£933£895£38£74£24,310£1,09214.600
    31/03/17£909£995£-86£0£24,038£1,03312.500
    31/03/16£886£823£64£0£21,934£1,05015.300
    31/03/15£885£721£163£36£21,954£97216.200
    31/03/14£877£823£54£32£19,852£8191200
    31/03/13£850£703£147£31£18,787£79813.600
    31/03/12£668£614£53£31£17,487£65912.900
    31/03/11£646£602£44£36£17,716£58311.600
    31/03/10£626£652£-26£39£17,353£492900
    31/03/09£742£861£-119£39£15,704£4255.900
    31/03/08£777£821£-44£35£17,856£549800
    31/03/07*£658£778£-120£24£18,814£5668.700
    31/03/06*£578£677£-99£0£0£0n/a00
    31/03/05£547£513£34£0£0£0n/a00
    31/03/04£513£590£-77£0£0£0n/a00

    Financial Ratios
    Fundraising Costs/Relevant Income: 0%
    Fundraising Costs/Total Spending: 0%
    Highest pay band: Less than £60,000
    Liabilities/Assets: 1%
    Liabilities/Income: 31%
    Unrestricted Funds/Total Funds: 4%
    Reserves/Spending: 9.8 months
    Net Current Assets/Spending: 6 months
    Quick Ratio: 2.4
    Asset Split ?
    Established: 57 years

    www.norwichcharitabletrusts.org.uk

    david.hynes@norwichcharitabletrusts.org.uk

    01603621023

    Charity Commission for England and Wales
    UN SDGs
    ?
    Listed activities
    • Education/Training
    GiG Classification
    • Education support services
    How it operates
    • Makes Grants to Individuals
    • Makes Grants to Organisations
    Where it operates
    • Norfolk,
    Who it helps
    • Children/Young People
    • Other Charities Or Voluntary Bodies

    Who's supporting them? ?

    We have no records of donations from grant makers.

    How is it governed?

    Trustees (12)
    Current Trustees appointed
    Gender Split
    Based on 11/12 persons

    Legal constitution
    • Charity registered in England & Wales on 31/03/1967, number: 311288
    Gift Aid
    • NOT registered with HMRC for Gift Aid
    Policies in force
    • Bullying and harassment policy and procedures
    • Complaints handling
    • Complaints policy and procedures
    • Conflicting interests
    • Financial reserves policy and procedures
    • Internal charity financial controls policy and procedures
    • Internal risk management policy and procedures
    • Investing charity funds policy and procedures
    • Investment
    • Risk management
    • Serious incident reporting policy and procedures
    • Trustee conflicts of interest policy and procedures
    • Trustee expenses policy and procedures
    Filing Record
    20 returns made; AR07: 7 days late, AR06: 0 days late,
    Main office

    NORWICH CHARITABLE TRUSTS
    1 WOOLGATE COURT
    ST. BENEDICTS STREET
    NORWICH
    NR2 4AP

    Objectives

    (1) THE OBJECT OF THE CHARITY IS TO PROMOTE THE EDUCATION OF PERSONS UNDER THE AGE OF 25 WHO ARE IN NEED OF FINANCIAL ASSISTANCE AND ARE RESIDENT IN THE AREA OF BENEFIT. (2) THE TRUSTEES MUST GIVE PREFERENCE TO BENEFICIARIES WHO: (A) ARE RESIDENT IN THE CITY OF NORWICH; WITH FURTHER PREFERENCE TO THEM IF (B) THEY HAVE LOST EITHER OR BOTH PARENTS.

    Defined Area of Benefit:

    THE CITY OF NORWICH AND THE PARISHES OF COSTESSEY, HELLESDON, CATTON, SPROWSTON, THORPE NEXT NORWICH, AND CORPUSTY, IN THE COUNTY OF NORFOLK.

    Data Sources

    Charity Commission for England and Wales
    CharityBase
    Authorised officials of this charity can add information to this page (including a Donate Now button) for no cost

    Tips for Selecting Charities

    Which areas of philanthropy are most effective?
    The text of this post is taken from an article on the Effective Altruism forum. It suggests that you can achieve the most impact by supporting causes that fight extreme poverty, improving animal welfare....more
    Our Top Tips for Philanthropy
    Here are some ideas to help you gain more satisfaction from your philanthropy and confidence that the causes you have selected are impactful. Engage your brain, as well as your heart You....more
    How to become a Philanthropist
    In this Blog we outline a strategy to help people who are new to philanthropy and for those who feel dissatisfied with the impact they are having. Effective philanthropy is immensely rewarding for donors,....more

    Giving is Great